MAS conducted thematic inspections on the residential mortgage pricing and disclosure practices of large mortgage lenders over 2020 and early 2021. The paper highlights good practices observed from the inspections, and sets out MAS’ supervisory expectations in the areas of (i) transparency; (ii) consideration of customer’s interests; and (iii) accountability and product governance over the mortgage lending business.
Published Date: 09 November 2021
A Retail Central Bank Digital Currency (CBDC): Economic Considerations in the Singapore Context
A retail CBDC is one of the options for the future of money and payments that the central bank community is exploring. This paper sets out MAS’ initial assessment of the economic case for a retail CBDC in Singapore and its potential implications for financial stability and monetary policy.